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Interest rates are increased by central banks, such as the Federal Reserve, to control inflation and stabilize the economy. When interest rates are increased, borrowing money becomes more expensive, which can slow down spending and investment. This can help prevent the economy from overheating and inflation from getting out of control. Additionally, raising interest rates can also help stabilize currency exchange rates, and attract foreign investment.
At Horizon65 we can help you to determine if company pensions are worth it for you by using our mobile app to simulate its effect on your future taking into your existing investments and potential impact of inflation and taxation.
We regularly help our clients by comparing all the available company pension products on the market using our comparison portal or you can also directly get in touch with our experts to understand if it can be a good option for you.
Download our app and start gaining insight into your current and future finances.